BitGo courts crypto firms awaiting MiCA approval amid Binance licensing concerns
Summary
BitGo Europe launched a crypto-as-a-service platform designed to help exchanges and fintech firms meet the EU’s Markets in Crypto-Assets Regulation (MiCA) requirements as licensing deadlines approach. The service lets companies plug into regulated custody, trading, onboarding, wallet, KYC, transaction controls, settlement, and SEPA payment rails through APIs, reducing the need to build compliance systems in-house. BitGo says the platform can help firms stay operational while waiting for licenses and keep serving users compliantly. The move comes as EU regulators tighten oversight and uncertainty grows around some exchange applications, with national transition regimes in places like Poland and Lithuania being phased out.
